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Welcome to Novem Coal

Novem represents the auspicious number 9 & signifies nine resources required for deep understanding & operating a business successfully.

Novem Logo & color represents the following:

Diamond shape means Coal as fossil fuel shall be in demand valued like a diamond

Black: represents coal or black Diamond

Green:represents the green environment that we respect and will preserve & restore.

Orange: represents the high energy fuel

Blue: represents the clear blue skies resulting from our clean coal working conditions

The Nine resources that Novem Coal Possesses and that makes it set high Business standards and a leader in the coal industry are:

Experience Knowledge Law abiding & fair practices
Corporate Governance Commitment Network & strategic partnership
Growth & expansion Passion Social responsibility & employee care

These Nine resources is part of Novem group day to day Management and that makes its difference in its presence and operations and image worldwide.

Novem coal with over 20 years experience in Indonesia has embarked on its journey to acquire & mine coal assets, enter into strategic partnership with end users in power, assist major coal users to acquire coal assets and has plans for expansion to new coal producing countries Africa and establish itself as a strong & Reliable coal mining & trading company this decade.

(US$ / mt)
ICI 1 Gar 6500 USD 70
ICI 2 Gar 5800 USD 60
ICI 3 Gar 5000 USD 53
ICI 4 Gar 4200 USD 37
ICI 5 Gar 3400 USD 23

  Indonesian coal ICI index as on 30 September 2016

Indonesian coal index stays positive with Gar 4200 showing highest demand and price increase of 7%

Indonesia coal production to increase from 450 million ton in Year 2015 to 485 million tons in Y 2016.

Coal Indian plans to increase production from 540 million tons in Y 2015 to 1 billion tons in Y 2020

Indian coal imports from Indonesia to fall from 200 million tons in Y 2015-2016 to 160 million tons in Y 2016-17.

Ocean freight continues to be depressed with panamax index at the lowest.

Australian ,Russian and Vietnam coal dominate Japanese market.

India to export coal to Bangladesh and Nepal.